Let’s take a look at the listing and partnership news for the week starting January 24, the reports on altcoin projects and the critical developments planned for the coming days. Shiba Inu (SHIB)’s possible Netflix partnership and Stellar’s smart contract integration are just some of them.
Here are 8 altcoins and news of the week
This week, after a successful launch on Polkadot mainnet, Acala, an Ethereum-compatible DeFi protocol for scaling dApps, shared the roadmap for the project. The Acala team stated that they plan to launch all of their core products soon. These include Acala Swap, upgraded Ethereum Virtual Machine (EVM+), stablecoin, aUSD and LDOT.
https://twitter. com/AcalaNetwork/status/1485855590089961472
Whales have bought massive amounts of Ethereum (ETH) in the last few weeks. ETH price slumped as low as $2,100 after the crash. During this time, the number of addresses holding more than 10,000 ETH on their balance has also increased significantly. In just a few weeks, Whales bought more than $500 million in ETH in total.
On Friday, Shib’s official Twitter account released a new surprise teaser. The teaser is in video form and is 16 seconds long. Estimates are that the partnership will be with Netflix.
https://twitter. com/Shibtoken/status/1486797160070922241
According to data shared by Ava Labs CEO Emin Gün Sirer, smart contracts platform Avalanche processed 1.1 million transactions on January 27. Additionally, he shared that the average fee for a transaction on Avalanche is $0.23 compared to Ethereum’s $62. In the tweets that followed, he denied claims to be centralized regarding the Ethereum Blockchain.
https://twitter. com/el33th4xor/status/1486856307328098307
On January 27, Hike, the startup behind Rush Gaming Universe (RGU), announced that he is “excited” about Polygon (MATIC) as an investor. According to RGU’s blog post, the RGU community is “fighting over 100 million quarterly gameplays in 8 of India’s most popular casual games”. In the statements, the future of Web3 and Polygon was mentioned.
https://twitter. com/ArjunKalsy/status/1486583920145711106
Cryptocoin. You can find the details of the partnership between Warner Music Group (WMG) and The Sandbox (SAND), which we transferred as com.
listing news
Singapore-based Bitget Global has listed Baby Doge Coin (BABYDOGE). Transactions started today at 12:00 UTC, but no date has been given for withdrawals yet. Official BABYDOGE listing news:
https://twitter. com/bitgetglobal/status/148661153390277633
The listing news of the week was that KuCoin exchange announced that it will add support for Hubble Protocol (HBB). Starting today, trading opens on the HBB/USD pair. Withdrawals will open on January 30 at 13:00 CEST. Official HBB listing news:
https://twitter. com/kucoincom/status/1486643670258380802
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